TD SYNNEX (SNX) Hyve chair Polk exercises 15,000 options and sells shares
Rhea-AI Filing Summary
TD SYNNEX CORP director and Hyve Solutions chair Dennis Polk reported an option exercise and related share sales. On June 29, 2026, he exercised 15,000 Employee Stock Options at $107.32 per share, receiving 15,000 common shares. The same day, he sold a total of 15,000 common shares in open-market transactions at weighted average prices around the mid‑$260s. After these trades, he holds 22,439 common shares directly and 76,647 common shares indirectly through a trust, plus 12,581 stock options that remain outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 15,000 | $0.00 | -- |
| Exercise | Common Stock | 15,000 | $107.32 | $1.61M |
| Sale | Common Stock | 3,000 | $264.75 | $794K |
| Sale | Common Stock | 9,533 | $265.33 | $2.53M |
| Sale | Common Stock | 2,467 | $266.37 | $657K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the weighted average sales price for a number of transactions effected at prices ranging from $264.39 to $264.99. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range. Represents the weighted average sales price for a number of transactions effected at prices ranging from $265.00 to $265.9075. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range. Represents the weighted average sales price for a number of transactions effected at prices ranging from $266.055 to $266.60. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range. This stock option vests as to 20% of the shares on the first anniversary of the date of grant and vests as to 1/60th of the shares monthly thereafter.
Key Figures
Key Terms
open-market sale financial
Employee Stock Option (Right to Buy) financial
weighted average sales price financial
derivative exercise/conversion financial
FAQ
What insider transactions did TD SYNNEX (SNX) executive Dennis Polk report?
Dennis Polk reported exercising 15,000 stock options and selling 15,000 common shares of TD SYNNEX on June 29, 2026. The filing shows a classic exercise-and-sell pattern, where options are converted into shares and those shares are then sold in the market.
What stock options did Dennis Polk exercise in this TD SYNNEX (SNX) Form 4?
Polk exercised 15,000 Employee Stock Options (Right to Buy) with a $107.32 per share exercise price on June 29, 2026. The options converted into 15,000 common shares, which were then sold the same day in open-market transactions.
Does Dennis Polk still have stock options in TD SYNNEX (SNX) after exercising 15,000 options?
Yes. After exercising 15,000 options, the filing shows 12,581 Employee Stock Options still outstanding. These remaining options give Polk additional potential future exposure to TD SYNNEX shares beyond his direct and trust holdings.
What do the weighted average price footnotes mean in the TD SYNNEX (SNX) Form 4?
The footnotes explain that reported sale prices are weighted averages for multiple trades within price ranges between roughly $264.39 and $266.60. Polk will provide exact share counts at each price upon request to the company, SEC staff, or any security holder.